Parknav
Sector
Transport Tech/ Smart City
Parknav helps drivers to find a place to park with its GPS turn-by-turn voice-guided parking navigation, predictive analytics, machine learning, and crowdsourcing. Its App is available on both iOS & Android platforms. It uses bright green, dark green, orange, and red colors to denote high, good, fair & low chance of finding parking. Parked locations are saved in the App so as to find the car later. Parking predictions can also be integrated with onboard system navigation of the car. The company also provides services to real estate & car rental companies in parking. The App currently works in 40 U.S. cities & 30 German cities.
Practice Area
Automotive and Parking Analytics
Operational Area
Underwriting and Risk Management
Business Model
Software as a Service
Funding Stage
Seed+
Acceleration
Startupbootcamp Smart Transportation